Glass Curtain Wall Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Yuanda China, JiangHong Group, Permasteelisa

The Glass Curtain Wall Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 9.1% during the review period (2022 to 2027)

Glass Curtain Wall Market Overview

A glass curtain wall is a building covering that is envisioned to resist the influence of environmental forces, which contain wind and to assist only its own weight. It is not intended to support the structural integrity of a building. A glass curtain wall offers robust architectural solutions and features to a building. More, it entirely changes the look of a refurbished or a new building by making a spectacular design influence. They are suitable for offices, schools, airports, malls, and other public and commercial buildings, both refurbished and new. In addition, a glass curtain wall helps in meeting energy conservation necessities of building regulations while lowering building running costs and rising comfort for occupants. Glass curtain walls change the look of a building by creating enormous design influence while reducing energy costs by diminishing solar heat gains, thereby is projected to boost the growth of the glass curtain wall market. In addition, they are suitable for schools, corporate offices, airports, and other public and commercial building structures. In addition, the glass curtain wall marketplace is experiencing continuous rise, owing to surge in demand for residential, commercial, and public buildings. The construction manufacturing is expected to reach $8 trillion by 2027, driven by countries such as China, the U.S., and India. Hence, the construction industry is anticipated to represent a much bigger part of the global economy by 2027. Considering the development in urban population and increase in construction industries, the requirement for glass curtain wall is projected to grow at a significant rate. One of the driving factors of the global glass curtain wall market is improved investments on interior design. Homeowners, proprietors, and office owners worldwide hire designers to plan, design, and supervise interiors of their construction projects. People are been concentrating on renovating their homes and offices corresponding to their own style preferences, functional needs, and finances. In addition, rise in consumer spending on home remodeling in developed economies has driven the market progress in recent years.

Glass Curtain Wall Industry News

February 2020: Gualini Spa announced that it is completing the extension project of the airport of Orio al Serio, which is ranked third in Italy in terms of the number of passengers. The company is supplying and installing the external glazed facades with stick curtain walls system to meet the performance requirement of the building.

April 2018: Associated Building Specialties announced the successful acquisition of Hillcrest Commercial Glass, a US-based manufacturer of commercial glass. This has strengthened the company’s position in North America. The resurgent construction industry in the region is expected to support the growth of the company’s business in the upcoming years.

Driving Factors

Increasing Real Estate in Emerging Economies to Benefit the Market

The expansion of real estate has facilitated the development of great and magnificent structures with modern amenities. The era of globalization has led to the development of large commercial structures including office complexes in most parts of the world, exclusively in developing countries. The western developed economies have invested huge amounts of money in the form of Foreign Direct Investment (FDI) in the emerging economies to support the progress of industries and establish international brands in these countries. This has resulted in the development of commercial offices and infrastructures that consume a high amount of premium architectural enhancements such as glass curtain walls, which is indeed emerging as a main growth driver for the market.

Restraining factors

High installation and Maintenance Costs to Restrain Progress

The pleasing looks of glass-installed buildings come at a high cost. The installation as well as the maintenance cost of the glass curtain wall system is significantly high. Manufacturers offer standard as well as custom systems as per the client requirements. However, the custom wall systems are highly competitive with standard systems in case of complex large projects. Thus, the consumer has to hire experienced design consultants for such projects, which adds to the cost of the project.

Furthermore, in case of leakage (air and water) in the curtain wall system, the repairs are expensive. In order to avoid such serious damages to the system, the building management has to invest a significant amount of money in the maintenance of glass panels as well as other components that require skilled manpower. So, many commercial projects opt for other systems taking cost factors into consideration and thus the growth of the market gets constrained. 

What are the major Applications, Types and Regions for Glass Curtain Wall Market?

By Type, it is segmented into

• Double Glazed Type


• Three Glazed Type


• Single Glazed Type


• Others

By Applications it is segmented into

• Commercial Building


• Public Building


• Residential Building


• Others

Glass Curtain Wall Market Regional Analysis

Asia Pacific accounted for the major share in the global market in 2021. Countries such as India, China, Thailand, and Vietnam house rapidly expanding construction industries, which are likely to boost the progress of the market in the region. Moreover, the outbreak of COVID-19 has compelled the companies to focus on restructuring supply chains and as a result, these companies are pulling out from China and investing in other countries in the region. This will result in the development of commercial infrastructure in South and Southeast Asian countries and bolster the dominance of the region in the glass curtain wall market portion.

Europe held the second-largest market share, closely followed by North America, in 2021. Central and Eastern European countries are expected to be main growth drivers in the region as these countries are still developing as compared to Western European countries. Global Construction Perspectives forecasts that the UK construction industry will overtake Germany to become the sixth-largest in the world by the end of 2027. Furthermore, it anticipates that the US construction industry will grow faster than China’s through 2027, with the assumption that the consumption in China will slow down. The Middle East & Africa market is dominated by the rich Gulf Cooperation Council (GCC) countries. The number of commercial projects is increasing rapidly in the region as the GCC member-countries are attracting potential businesses to reduce their dependence on oil. For instance, Saudi Arabia has unveiled its ‘Saudi Vision 2027’, which aims at attracting large multinationals as well as boost infrastructure sector to transform the domestic economy by 2027, lowering its dependence on the oil business.

North America

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  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Glass Curtain Wall Market describes the factors driving the global progress opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Glass Curtain Wall Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Glass Curtain Wall Market Report Scope?

Key Takeaways from this Glass Curtain Wall Report

• Evaluate Glass Curtain Wall market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Glass Curtain Wall market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Glass Curtain Wall Market is studied from 2017 - 2027.

 What is the growth rate of Glass Curtain Wall Market?

The Glass Curtain Wall Market is growing at a CAGR of 9.1% over the next 5 years.

What regions does this Glass Curtain Wall Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.